About Exterran energy fze Finland
Exterran Corporation was set up in 2007 and operated as a public company until it was acquired by Enerflex Ltd. on October 13, 2022.On Nov. 4, 2015, Exterran Corporation announced the completion of its previously announced spin-off from Exterran Corporation and emerged as an independent, publicly traded company. Exterran Corporation which was formerly the international services and global fabrication busine.
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6 FAQs about [Exterran energy fze Finland]
Who owns Exterran Corporation?
Exterran Corporation was acquired by Enerflex Ltd. on October 13, 2022. Enerflex is a premier integrated global provider of energy infrastructure and energy transition solutions.
Did Enerflex buy Exterran Corporation?
Enerflex Ltd. (TSX:EFX) completed the acquisition of Exterran Corporation (NYSE:EXTN) from a group of shareholders on October 13, 2022. Exterran Corporation's Equity Buyback announced on February 25, 2019, has expired.
What does Exterran do?
Exterran is a leader in natural gas processing and treatment and compression products and services, providing critical midstream infrastructure solutions to customers throughout the world. Exterran Corporation is headquartered in Houston, Texas, U.S.A., and operates in approximately 25 countries.
When was Exterran formed?
Exterran was formed when Universal Compression (1954) merged with Hanover (1990) in 2007. Universal Compression went public in 2000 and then acquired Weatherford, Global and Gas Compression Services, KCI, LCM and TCS. Hanover acquired APSI and POI to enter the gas processing business, and reorganized into GBU concept before the merger.
When did Exterran enter into a voting agreement with Enerflex?
On January 24, 2022, concurrently with the execution of the merger agreement, Exterran entered into a voting agreement with the directors and executive officers of Enerflex, pursuant to which such shareholders agreed to vote their Enerflex shares and other securities in favor of the issuance of Enerflex shares pursuant to the merger agreement.
What happens when Exterran and Enerflex combine?
The companies will combine in an all‑share transaction pursuant to which Enerflex will acquire all of the outstanding common stock of Exterran. The company will operate as Enerflex Ltd. Cravath is representing Enerflex in connection with $1.525 billion of committed bank and bridge financing for the transaction.
